WASHINGTON (AP) — The Trump administration is seeking to abandon a rule that sets tough standards for deadly soot pollution, arguing that the Biden administration did not have authority to set the tighter standard on pollution from tailpipes, smokestacks and other industrial sources. The Environmental Protection Agency finalized a rule last year that imposed strict…… MORE
The makers of ByHeart infant formula say tests of products tied to a botulism outbreak show that all of the company’s products may have been contaminated. Laboratory tests of 36 samples of formula from three different lots showed that five samples contained the type of bacteria that can lead to the rare and potentially deadly…… MORE
NEW YORK (AP) — Stocks climbed again on hopes for a coming cut to interest rates. The S&P 500 rose 0.9% Tuesday after breaking out of a morning lull and is back within 1.8% of its all-time high. The Dow Jones Industrial Average rallied 664 points, and the Nasdaq composite rose 0.7%. Stocks got a…… MORE
BEIJING (AP) — China is turning to a well-used playbook to express its displeasure with Japan over a statement by its prime minister on Taiwan. Beijing is using its economic clout to pressure Tokyo while hurling a barrage of invective at its government. A Chinese advisory against travel to Japan has led to cancellations for…… MORE
The Federal Housing Finance Agency is increasing the size of home loans that the government can guarantee against default as it takes into account rising housing prices. Beginning next year, mortgage buyers Fannie Mae and Freddie Mac will be able to acquire loans of up to $832,750 on single-family homes in most of the country,…… MORE